431
431
Jan 17, 2013
01/13
by
KQED
tv
eye 431
favorite 0
quote 1
economy. >> susie: and from chipotle to dunkin' donuts, did fast food chains meet investors' appetites for big returns? we're talking food stocks. >> tom: that and more tonight on "n.b.r."! >> tom: we begin with banking. two giant financial powerhouses reported big gains in fourth quarter earnings today. j.p. morgan chase booked its third straight year of record profits. and goldman sachs reported fourth quarter earnings that were almost triple the same period a week ago. erika miller reports. >> reporter: before we get to jp morgan's profits, let's talk about the earnings of it's c.e.o., jamie n.
economy. >> susie: and from chipotle to dunkin' donuts, did fast food chains meet investors' appetites for big returns? we're talking food stocks. >> tom: that and more tonight on "n.b.r."! >> tom: we begin with banking. two giant financial powerhouses reported big gains in fourth quarter earnings today. j.p. morgan chase booked its third straight year of record profits. and goldman sachs reported fourth quarter earnings that were almost triple the same period a week...
103
103
Jan 17, 2013
01/13
by
KQED
tv
eye 103
favorite 0
quote 0
self-reliance that will be very help informal this era of underemployment and structural issues in the economy. >> you think the ipad is the most important new development since the i.b.m. p.c.? >> i do. >> rose: because? >> because it -- i'll start with if you look at the time of day the most common time of day for people to use their ipad is between 6:00 p.m. and when they go to sleep. when what is that known in your line of work? that's known as prime time. and it turns out the ipad isn't the second screen when people are watching t.v. for people over the age of 40, when they're in bed watching t.v. with their ipad, the ipad's actually the thing they're paying attention to and the t.v. is the background noise, if something happens they look up and look at it. why is that important? first of all could you have imagine five years ago that there would be a product that would go from zero to 50 million yunz overnight and the single most common thing to do would be to read in the bed at night? a technology product? that was to me unimaginable five years ago. so i look at this and i wonder what i
self-reliance that will be very help informal this era of underemployment and structural issues in the economy. >> you think the ipad is the most important new development since the i.b.m. p.c.? >> i do. >> rose: because? >> because it -- i'll start with if you look at the time of day the most common time of day for people to use their ipad is between 6:00 p.m. and when they go to sleep. when what is that known in your line of work? that's known as prime time. and it...
98
98
Jan 15, 2013
01/13
by
KQED
tv
eye 98
favorite 0
quote 0
economy right now would you be willing to do that? would you accept that. he said i'm not interested in that. to pick up on al's point, that sort of puts the president in a kind of precarious position because if he's not going to negotiate and he won't accept what congress can pass, then aren't we heading to a default situation? i don't think we are. i think the president is laying out some rather tough negotiating territory or maybe nonnegotiating territory right now to see where republicans in congress are willing to do, and if they will budge a little bit. right now it seems like we are both testing whether each side intends to budge. we've been through that process many times in the obama presidency. looks like another round as well. >> is the president missing something here al that he could or should do on behalf of the common good? >> it's pretty hard on this one, charlie because he's right on the debt ceiling. major history absolutely dead on. but the debt sealing is a fraud. a total fraud. shouldn't exist. people from alan greenspan to tim geithner
economy right now would you be willing to do that? would you accept that. he said i'm not interested in that. to pick up on al's point, that sort of puts the president in a kind of precarious position because if he's not going to negotiate and he won't accept what congress can pass, then aren't we heading to a default situation? i don't think we are. i think the president is laying out some rather tough negotiating territory or maybe nonnegotiating territory right now to see where republicans...
99
99
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 99
favorite 0
quote 0
the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to levels that we haven't seen even back when we had the economic problems in the start of 2009. it would be worse than that. what do you think? >> it would be a complete disaster. and both sides have acknowledged that, that i think the president put it really well today when he said that the republicans are essentially saying if we don't get 100% of what we want, we're going to blow up the economy. and nobody doubts that it would blow up the economy. but also what they're pushing for is deep cuts that will hurt that very same list of people you started the segment with. they want cuts to social security, to med
the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to...
200
200
Jan 16, 2013
01/13
by
CNNW
tv
eye 200
favorite 0
quote 0
he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people want. >> thank you so much for the interesting conversation. >>> is walmart's $50 billion pledge to build american-made products just bait and switch? some say it's a ploy to make you forget that the giant retailer also sells assault rifles. . uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength
he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people...
212
212
Jan 14, 2013
01/13
by
CNNW
tv
eye 212
favorite 0
quote 0
but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole previous debt limit debacle. and i know you are saying, especially comparing this to what we just saw on new year's day with the fiscal cliff, this is going to be much, much worse, much bigger deal. talk to me about what we're debating or as the president puts it not debating? >> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would ha
but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole...
87
87
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 87
favorite 0
quote 0
and it could be great for the american economy. the tech industry wants to reform because it would stop the brain drain of highly skilled workers putting undocumented laborers on the books is a good thing because it pumps dollars into the economy. i am joined tonight by hilda solis, secretary of labor who is leaving that position, but in my opinion has done a fabulous job. >> thank you. >> you've been a tremendous advocate across the board for not just labor, but for the environment, green jobs, women's rights. >> thank you. >> the lot. hilda, what about immigration reform and what it would mean to the treasury. how many more americans, how many more people would we get on the rolls on paying taxes in this country if it were done properly? >> well, if people were thinking rationally, we would look at putting money back into our treasury and the social security fund, in the medicare and medicaid fund, because people would be brought out of the shadows. you're talking about billions of dollars. in fact, what the president has done ri
and it could be great for the american economy. the tech industry wants to reform because it would stop the brain drain of highly skilled workers putting undocumented laborers on the books is a good thing because it pumps dollars into the economy. i am joined tonight by hilda solis, secretary of labor who is leaving that position, but in my opinion has done a fabulous job. >> thank you. >> you've been a tremendous advocate across the board for not just labor, but for the...
121
121
Jan 16, 2013
01/13
by
KQED
tv
eye 121
favorite 0
quote 0
they want to be a 21st century economy with a 20th century political system and we saw that right after we put the report out you suddenly had these demonstration i assure you we had no part in against censorship in china and one of the first major decisions made was the new president was to get out there and say the chinese communist party will not tolerate unorthodox situate in the press or in the media .. >> but i mean that is the fear it would undermine the power of the communist party. >> that's right. >> that was always the fear. >> and i think in an environment where you have hundreds of millions of chinese on twitter, that increasingly are learning their government officials are worth billions of dollars. >> rose: basically you are saying their fear is legitimate. >> i think their fear is legitimate, i don't think the country is going to fall apart. >> rose: but very strong protest movement that has legs could provide a challenge over -- >> that's right. and they are so unwilling to risk that, they are so unwilling to tolerate even a little that they are likely to do two things,
they want to be a 21st century economy with a 20th century political system and we saw that right after we put the report out you suddenly had these demonstration i assure you we had no part in against censorship in china and one of the first major decisions made was the new president was to get out there and say the chinese communist party will not tolerate unorthodox situate in the press or in the media .. >> but i mean that is the fear it would undermine the power of the communist...
554
554
Jan 20, 2013
01/13
by
KPIX
tv
eye 554
favorite 0
quote 0
we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to run an economy or railroad or anything else so that's not ideal. so i think it's a significant moment that the republican party now has moved off their position that the only way they're going to pay their bills is if they ge the correct kind of concessions. now, where does that leave us? i think we would be better served to go back to regular order in congress so we're notica reaping crisis to crisis; congress ought to work together and come up with a long-term fiscal plan >> but you see this as a good sign? >> i think they're no longer saying the only way we pay our bills is to have huge cuts in things like medicare. that's positive. listen you see our economy-- good housing numbers this past week good construction numbers. i think that our economy is poised to really grow, and we can't have washington be the hindrance to that. washington ought to be a help, not a hindrance >> can you get a gun bill through congress? >> we think we c
we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to run an economy or railroad or anything else so that's not ideal. so i think it's a significant moment that the republican party now has moved off their position that the only way they're going to pay their bills is if they ge the correct kind of concessions. now, where does that leave us? i think we would be better served to go back to regular...
117
117
Jan 18, 2013
01/13
by
KQED
tv
eye 117
favorite 0
quote 0
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
249
249
Jan 15, 2013
01/13
by
CNNW
tv
eye 249
favorite 0
quote 0
that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits, and create an environment where the businesses can grow in the united states. the most important thing is we come together with a comprehensive solution, not just working one piece or the other, but a comprehensive solution where we can start to grow the economy again for everybody. >> but the order in which we do things matters. first, raise the debt ceiling, allowing america to pay for its bills that it already racked up. then come up with a longer term plan that could put us back in fiscal good health. america's ability to meet its obligations should not be held hostage to an agreement on s
that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits,...
1,285
1.3K
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 1,285
favorite 0
quote 0
but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues. but this is -- he's got them again. >> here's the problem with the republican party being owned by extremists on issues not related to the debt. let me tell you something, the president of the united states, it's laughable that he would talk about republicans not being responsible on debt issues when this president has been in the white house since january the 20th, 2009, and he has yet to do anything significant on social security or medicare. he cut medicare, so he could start a new entitlement program. that's not making medicare more solvent. he hasn't done anything to curb the costs
but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues....
186
186
Jan 15, 2013
01/13
by
CNNW
tv
eye 186
favorite 0
quote 0
they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is about this country being the greatest nation on earth. it's our greatest threat to our national security. >> some people would say it is about party politics and some people, frankly, blame the tea party for this terrible gridlock in the house of representatives. there's a tea party group in south florida that's going to change its name to not include the tea party because the public reacts so negatively to that title now. >> i think that's because we have been, i mean just given a bad rap. all we're about is fiscal responsibility. we're not about social issues. all we want is washington to live within
they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is...